Who: Overland Storage, Inc. (NASDAQ:OVRL) executives: Christopher Calisi, president and CEO Vernon A. LoForti, vice president and CFO What: Conference call and live audio Webcast (http://www.overlandstorage.com/webcast): Detailing financial results for fiscal year 2005 and fourth quarter ended June 30, 2005. When: Monday, Aug. 15, 2005 10:30 a.m. EDT A press release discussing earnings will be issued prior to the market opening. Call Info: (800) 443-6324 Please dial-in at least five minutes prior to the start of the call. NOTE: Pre-registration is required for access to the call via phone line. To reserve a line, please call Alisa Kesler at (858) 503-4316 or email her at . Audio Replay Info: Domestic: (800) 633-8284 International: (402) 977-9140 To access the replay, enter passcode 21227415. The audio replay of the conference call will be available until 12:30 p.m. EDT on Friday, Aug. 19, 2005. Webcast Replay Info: To access an archived audio replay of the Webcast on the Internet, please visit the audio archive section of our Website at http://www.overlandstorage.com/replay The Webcast replay will become available approximately two hours after the completion of the call. PRNewswire -- August 5 DATASOURCE: Overland Storage, Inc. Web Site: http://www.overlandstorage.com/replay Web Site: http://www.overlandstorage.com/webcast

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